40 N Interstate 35 Highway #5A1, Austin, TX — photo 1
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$885,000
2 beds2.5 baths1,743 sqft

40 N Interstate 35 Highway #5A1, Austin, TX 78701

MLS #248715461 · DEN Property Group · Bryan Cady

Residential
Built in 1983
0.03 Acres Lot
$508/sqft
HOA $1,368 / monthly

About this home

OVERSIZED LAYOUT + A CUSTOM FLOOR PLAN /// Residence 5A1 at Towers of Town Lake offers 1,743 SF per tax record, two bedrooms, a separate office and 2.5 baths for $885,000. Set on the fifth floor of the coveted A tower, this corner residence combines generous living and dining areas with a sunny breakfast nook and a dedicated workspace. /// WINDOWS WRAP THE CORNER /// Floor-to-ceiling glass frames views of Lady Bird Lake and the neighboring park, with city views adding to the corner setting. A long glass-rail balcony offers a place for morning coffee or an evening overlooking the lake and park. /// TWO BEDROOMS + A SEPARATE OFFICE /// Bedrooms on opposite sides offer privacy. Glass French doors open to a library-study with floor-to-ceiling bookshelves, leaving both bedrooms available for residents and guests. Walk-in closets, two full baths, a separate powder room and a dedicated laundry room support everyday living. /// KITCHEN + GATHERING SPACES /// The white kitchen features granite counters and backsplash, a peninsula cooktop and stainless appliances. Connected living and dining areas accommodate gatherings, while the window-lined breakfast nook offers another place to enjoy the view. Polished tile and plantation shutters complete the interiors. /// ESTABLISHED COMMUNITY + EXTENSIVE AMENITIES /// Towers of Town Lake pairs an established lakefront setting with an exterior renovated in recent years. Gated grounds offer indoor and outdoor pools, spa, sauna, fitness center, sport court, billiards, library and concierge service. Two assigned garage parking spaces add everyday convenience. /// PARKSIDE SETTING + DOWNTOWN CONNECTIONS /// Enjoy the neighboring park and Ann and Roy Butler Hike-and-Bike Trail, with East Avenue access connecting the community to coffee, dining and the Rainey Street neighborhood.

Property details

Property type
Residential · Condominium
Status
Active
Year built
1983
Full baths
2
Half baths
1
Lot size
0.0312
MLS area
DT
MLS #
248715461

Features

Interior features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • Eat-in Kitchen
  • French Doors
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Study/Home Office
  • Walk-In Closet(s)

Exterior features

  • Balcony

Additional details

Parking
Assigned, Garage
Garage spaces
2
Roof
See Remarks
Foundation
Slab
HOA
$1,368 / monthly
Annual tax
$14,136

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

See Austin ISD schools & boundaries →

Comparable homes near 40 N Interstate 35 Highway #5A1

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
0.9 mi
Austin-Bergstrom Airport
5.8 mi

Straight-line distance, not drive time.

Market insights

Compared with 373 active homes in ZIP 78701 · HomeLocating listings

Area median price
$657,000
This home vs. median
35% above
Homes with a price cut
27%

At $885,000, this home is priced 35% above the $657,000 median across 373 active homes in ZIP 78701, including other homes in Towers Town Lake Condo.

Estimated monthly payment

$7,390/mo
Principal & interest$4,475/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$885,000

Down payment

20% ($177,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of DEN Property Group · Bryan Cady

Listing data last updated Oct 17, 2026, 11:46 AM

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